Sify to set up largest delivery centre in Hyderabad for $20 million

Sify Technologies on Saturday announced that it will set up its largest global delivery centre (GDC) in partnership with Japanese ICT major Fujitsu Limited in the city.ET Bureau | January 03, 2016, 12:34 IST

Information and Communications Technology (ICT) firm Sify Technologies will set-up a two-lakh square feet global delivery centre in Hyderabad to service North American clients of Information Technology Equipment and Services company, Fujitsu.

Sify will build the infrastructure and capabilities involving an investment of $20 million (Rs 132 crores approximately) in a phased manner.

Earlier this year, Sify and Fujitsu had signed a Memorandum of Understanding (MoU) to provide global ICT solutions.

"We have set up a subsidiary of Sify in North America for the go-to-market collaboration. We will be providing bundled solutions to our customers," said Kamal Nath, cheif executive officer at Sify. He added that the centre will serve customers across Banking Financial Services and Insurance (BFSI), manufacturing, retail and e-commerce sectors.

The first phase of the project will see an investment of $2 million followed by tranches of $8 million and $10 million over a period of the next two years. The 1.5 acre land for the delivery centre was allotted by the Telangana government and will be operational by mid-2017 to employ a workforce of 3000.

In keeping with its current focus on services in SMAC (social, mobile, analytics and cloud), Sify currently has six Tier-3 data centres and has built six captive data centres for state governments in India.

"We are in discussions with multiple organisations to build their data centres in Hyderabad and are contemplating setting up a data centre campus over an area of 50 acres in the city," said K T Rama Rao, minister for Information Technology and Panchayat Raj, Telangana.

With annual revenues of Rs 1,250 crore in 2014-15, Sify currently generates over 90 per cent revenues from 4000-plus enterprise customers in India. "We have set a target of generating 50 per cent of our revenues from global clients by 2020," said CEO Kamal Nath.

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